Testimonials

“I thought you and your staff would appreciate the success story your team has allowed us, GENTEC Electrical Services, to achieve. In the beginning we hired an “accounting professional” only to discover they were really only a bookkeeping firm who had limited experience in corporate accounting. You and your associates have taken our entire financial data and updated our QuickBooks program daily. This has allowed us to fully see and understand our financial outlook. Unfortunately years of trying to do accounting on the cheap had eroded at our bottom line and we didn’t even know it. In less than a years time we now have an accurate P&L and balance sheet as well as visionary budget you helped us create. Thank you for doing what you said you were going to do, we are excited about our future and proud to have you and your firm part of our financial team.”

“I have been working with Safwat Barsoum as my EA for the past 5 years. He has been a wonderful asset to my business. I concentrate on sales and my core competencies while Safwat keeps my accounting and bookkeeping on track. Numbers tell a story and when my company was audited by the IRS, Safwat represented his work and we got through with flying colors, thanks to his diligence and detailed tracking system. Safwat has good investigative skills, asks the right questions and like a good doctor diagnoses the problem areas and recommends a prognosis for the cure.”

“We have been working with Nicole for almost a year now on site, and we appreciate her professionalism, ability to learn and ask great questions. Nicole is dealing with the heart of our business, payroll, which requires great detail and diligence. I would definitely recommend her services.”

“As a small business owner we have always done what we could to save money on expenses. The same applied when it came to managing the books. We started off with a family member keeping track of the checkbook and filing taxes. As we grew, we accepted the help of a friend who was a fulltime bookkeeper for another company who would help us on the side. Again, growth demanded more expertise and more knowledge so we employed the services of a bookkeeper just branching out on their own. Each step of the way we thought we were making smart choices in regards to balancing the expense of financial service with the expertise necessary to do the job correctly. Each step of the way we unknowingly dug ourselves into a deeper and deeper hole because our needs seemed to stay ahead of the level of expertise and knowledge necessary for our growing business. Every nickel saved cost us a dollar!

We finally decided to start our search for financial sevices with expertise, knowledge and experience as the priority, instead of cost. We weren’t looking for ‘the expensive guy’ we just wanted what was going to best for our company. Our journey took us to the offices of Consolidated Financial Center (CFC). Safwat took the time to understand our business inside and out. It was clear right away that he has a mind for business as the questions he asked often had more to do with operations, plans and procedures than with P&L’s, Balance Sheets, and Cash Flow. As we moved forward he laid out a multi-staged plan that involved making some logistical changes in our money management, changes in our structure that would have long-term tax ramifications and the creation of a real budget. Laying the proper foundation was key to the turning of the tide and having valid, useful information to make intelligent, strategic decisions year in, year out.

One of the changes we made was to have all the weekly bookkeeping and checkbook management handled at CFC. The day-to-day activities of this service are handled by Nicole. Nicole is an extremely sharp, detailed-oriented and organized individual who immediately put our minds at ease about the daily aspects of our finances. Together, Nicole and Safwat create the perfect one-two punch to allow any business owner to focus on their business, not their finances. Did I mention how nice and fun they are?

While CFC costs more than our prior bookkeeping options, it’s important that we don’t paint them as expensive. The reality is, by having this part of our business in order, not only can we more than afford their service fees, but we are able to achieve business and personal financial goals never before possible. Receiving so much for a little more, that’s the definition of true value!

We are still very conscious of watching our expenses, but now we’re not alone.”